US EditionScholz promises help for steel industy, urges EU action
49 Articles
49 Articles
Thyssenkrupp Steel: The next battleground to save German industrial jobs
“It breaks my heart! You can’t treat people this way. We’ve worked so hard for Thyssenkrupp,” said Helmut Renk, the 62-year-old works council chairman of the steelmaker’s facility in Kreuztal-Eichen, Germany. Venting his anger and frustration about the plant’s likely closure, he adds that he’s been working there for 40 years — just like his father before and his son now. Renk’s hard feelings are currently shared by many employees of the German …
DECRYPTION - The steel industry has just suddenly plunged into the crisis on the Old Continent. The cause is the uncontrolled imports of steel at low prices from China.
In Gerlafingen, people are eagerly awaiting the decision from Bern. The survival of their own steel industry is at stake.
The European steel sector ‘has never faced such a big challenge’. The financial problems are thwarting the expensive sustainability plans of many concerns.
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Bias Distribution
- 48% of the sources lean Left
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